Airlines watch 15% of last year’s revenue disappear

U.S. airline passenger revenue fell in October, completing a full year of dismal monthly performances. From October 2008 to October 2008, passenger revenue dropped 15 percent, according to calculations by the Air Transport Association. The study was based on a sample group of more than 24 air carriers. Falling ticket prices are said to be the problem … which means we can trace it back to household finances, throwing the job market into the mix.

With unemployment now above 10 percent, consumers are being careful with their extra cash (if they have any), and dropping cash on plane tickets is pretty difficult. Hey, that’s why more people are driving this year than in the past.

In October, the number of people flying on U.S. airlines fell 3 percent, and the average price to fly one mile dropped 13.5 percent. Basically, the number of people flying hasn’t fallen much, but they’re demanding much better pricing for their business. Airlines have to take it on the chin in order to bring any revenue in the door at all.

Wacky flight attendant announcements from an airline no longer with us

This hilarious collection of cabin announcements was made by Kurt Stecker who recorded them during his time at ATA airlines. The clip is part comedy and part tribute to ATA, which ceased operation on April 2nd 2008.

The end of ATA put 2300 people out of work, and stranded almost 10,000 passengers around the country. Still, it is obvious from the clip that at least one person working with ATA had a great time, as he puts on a fantastic show to entertain his passengers.